EXEC: Osprey Grows, Hydro Flask Falters in Q4; Parent to Pause China Goods
EXEC: NYSE Hits Solo Brands with Trading Suspension
EXEC: Wall Street Reacts to Tariff News but Port Traffic Decline May Reflect a Sad Reality
EXEC: Trump Admin Hits “Pause” on Most Higher Tariffs; Bumps China to 125 Percent
EXEC: Trump Threatens to Push China Tariffs to 104 Percent Total
SGB Update
Chattanooga Shooting Supplies to Distribute Diamondback Firearms
Diamondback Firearms, a family-owned and operated company, is known for manufacturing performance firearms that are 100 percent Made in the USA, with all production handled in-house.
Chaparral and Robalo Boat Brands Parent Sees Moderating Declines in Q1
MPX said comparisons are beginning to ease and field inventories are returning to more acceptable levels after being elevated since late 2023. The company’s field unit inventory at the end of the first quarter was approximately 18 percent below the end of Q1 2024.
Brunswick Corp. Q1 Diluted EPS Sinks 70 Percent as Revenues Decline in Low Teens
The owner of the Boston Whaler, Lund, Sea Ray, Bayliner, Harris Pontoons, Princecraft, and Quicksilver boat brands said its Boat segment posted a 13 percent decrease in Q1 due to cautious wholesale ordering patterns by dealers, partially offset by fmodest model-year price increases.
Rural King Opens New Kingsport Store
The store carries a wide range of outdoor lifestyle and work brands, including Ariat, Browning, Carhartt, Columbia, Frogg Toggs, Henry Rifles, Huk Apparel, Keen Utility, Plano, Realtree, Remington, Under Armour, and Wolverine.
Buying Group Pioneer Don Pfau Passes Away
Throughout a long and storied life, Prau remained committed to Sports, Inc.’s success and prominence in the sporting goods industry. The group has grown to over 600 from the original seven members, selling billions of dollars in sporting goods from coast to coast.
SGB Executive
EXEC: Osprey Grows, Hydro Flask Falters in Q4; Parent to Pause China Goods
CFO Brian Grass said the company is pausing all China purchases in the short term with a few exceptions and expects over 60 percent of U.S.-bound goods to be sourced outside China by the end of fiscal 2027.
EXEC: Shimano Posts Solid Q1 Results, Led by DD Growth in Bicycle Components
North American market retail sales of completed bicycles remained weak, but market inventories were said to return to “appropriate levels.” In fishing tackle, North American market sales were flattish to Q1 2024 due to unfavorable weather.
EXEC: NYSE Hits Solo Brands with Trading Suspension
The company reported in a Form 8-K report that it expects Class A Common Stock to be quoted for trading on the OTC Pink Market. Solo Brands noted that the transition to the OTC Pink Market will not affect the company’s business operations, relationships with partners, suppliers, employees, or its SEC reporting obligations.
EXEC: Wall Street Reacts to Tariff News but Port Traffic Decline May Reflect a Sad Reality
The Dow and the S&P 500 both bounced on April 22 after U.S. Treasury Secretary Scott Bessent, Trump’s primary negotiator on tariff deals, said that he believes the Administration’s ongoing tariff war with China will de-escalate soon because the rift is not sustainable.
EXEC: Colt CZ Group Provides Insight of Tariffs Impact
For the time being, the company said it will not revise its guidance for 2025 until it evaluates potential scenarios, including developments in the commercial market in the U.S.
